Warren Buffett steps down as chairman of Berkshire Hathaway

The short version

• Warren Buffett has stepped down as chairman of Berkshire Hathaway, transitioning immediately to chairman emeritus.[CNBC · ABC News]
• Buffett will remain a director on the company's board.[CNBC · ABC News]
• His son, Howard Buffett, takes over as chairman in line with Berkshire's long-established succession strategy.[CNBC · ABC News]

Key facts

• Warren Buffett stepped down as Berkshire Hathaway chairman, moving into the chairman emeritus position.[CNBC · ABC News]
• Howard Buffett replaces his father as chairman of the company.[CNBC · ABC News]
• Warren Buffett will maintain his position as a board director.[CNBC · ABC News]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Warren Buffett steps down as Berkshire Hathaway chairmanABC News - Business
• Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'CNBC